20 Microns Ltd has announced a ₹1 billion expansion plan aimed at strengthening its production capabilities and market presence. The company is targeting a 20%+ market share by FY 2030, underscoring its long-term growth vision in the specialty minerals sector. The move highlights confidence in demand and industry opportunities.
20 Microns Ltd, a leading player in the industrial minerals and specialty chemicals space, has unveiled a strategic expansion plan worth ₹1 billion. The investment is designed to enhance manufacturing capacity, improve product innovation, and support the company’s ambitious goal of achieving over 20% market share by FY 2030.
The expansion reflects the company’s confidence in rising demand across industries such as paints, plastics, paper, and construction, where specialty minerals play a critical role. By focusing on innovation and operational efficiency, 20 Microns aims to consolidate its leadership position in the Indian market while expanding its global footprint.
Key Highlights:
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Expansion Plan: Investment of ₹1 billion to boost production and innovation.
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Market Share Target: Aiming for 20%+ market share by FY 2030.
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Sector Demand: Growth driven by paints, plastics, paper, and construction industries.
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Strategic Vision: Focus on sustainability, efficiency, and global competitiveness.
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Future Outlook: Positioned to leverage rising demand for specialty minerals in India and abroad.
Sources: Reuters, Economic Times, Business Standard